Vickers Invests USD 3M Into Spicy Horse To Build 3D Casual Games
May 26, 2011 by Gwendolyn Regina T
Singapore and Shanghai-based Vickers Venture Partners has invested USD 3M (SGD 3.7M) into Shanghai-based gaming development house, Spicy Horse. Started in late 2006, Spicy Horse develops games and now wants to bring 3D free-to-play games to the online and casual gaming market. At the same time, Spicy Horse has also signed a development deal with casual games giant, PopCap – the company behind hits such as Bejeweled and Plants vs Zombies.
In an interview with gaming blog Gamasutra, founder of Spicy Horse, American McGee says, “The sense is that while a lot of social games have built their empires on 2D, there will be a moment where the genre has to shift into 3D, and we want to start that process now.”
Vickers Venture Partners tells me that Spicy Horse is working alongside PopCap in its Shanghai office in a deal to translate one of PopCap’s “most famous casual games” into a 3D online version.
The game will be multiplayer, free-to-play and first launch in Asia.
About The Author
Gwendolyn Regina T - Co-Founder and Editor-in-Chief
Apart from SGE, Gwen is also a Partner at Thymos Capital, where she focuses on early stage investments in technology firms. She has had two exits out of her investments via the firm, one of which is iHipo. A frequent judge for business competitions both locally and overseas, she graduated from the National University of Singapore. Gwen also spent some time in Silicon Valley and studied in Stanford University under the NUS Overseas College programme. Gwen is a mentor at Spanish incubator Tetuan Valley, Polish incubator Gamma Rebels, the Singapore Ambassador for the Sandbox network and the Singapore curator for StartupDigest. She enjoys languages, travelling, dance and adventure sports. Gwen can be found on LinkedIn and Twitter.
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